Analytic-TSA Global Asset Management, Los Angeles, reached an agreement to merge with Alpha Global Fixed Income Managers, a London global bond and cash manager. Terms were not disclosed.
Alpha will operate as the London office of Analytic-TSA under the name Analytic-TSA International. George McNeill, Alpha's president, will become managing director of Analytic-TSA International. The combined firm will manage more than $2.3 billion.
Analytic-TSA was formed earlier this year by the merger of two United Asset Management affiliates, Analytic Investment Management, an options-enhanced equity and fixed-income manager, and TSA Capital Management, a quantitative manager offering currency management and global tactical asset allocation. Alpha Global also is a UAM affiliate.